Growing cow numbers and increased milk production have dairy experts walking on a knives edge when predicting the trajectory of milk prices for the coming year.
Mark Stephenson, director of Dairy Policy Analysis at the University of Wisconsin-Madison and director of the Center for Dairy Profitability and Bob Cropp, emeritus professor in the Department of Agricultural and Applied Economics, delved into the factors impacting milk prices for 2021 during the February “Dairy Situation and Outlook” podcast this week.